Portland, OR, Sept. 28, 2023 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global autonomous crane market is expected to generate $2.36 billion in 2023, and is estimated to reach $18.61 billion by 2032, witnessing a CAGR of 22.8% from 2023 to 2032. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Focus on public-private partnerships (PPPs) and rise in penetration of smart technology in crane drive the growth of the global autonomous crane market. However, fluctuations in prices of raw materials and scarcity of skilled workers hinder the market growth. On the other hand, surge in agreements and contracts for long-term business collaborations present new opportunities in the coming years.
Download Report (232 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/12540
Covid-19 Scenario:
- Owing to lockdown imposed by governments in many countries, there has been halt in construction, mining, and offshore activities. This led to reduced demand for autonomous cranes.
- However, the demand is expected to be restored during the post-lockdown as daily operations at these end user verticals get back on track.
- Research and development activities for autonomous cranes have been restrained due to closure of manufacturing facilities and new investments have been locked due to economic uncertainties.
The report offers detailed segmentation of the global autonomous crane market based on business type, mobility, end user vertical, and region.
Request for Customization at https://www.alliedmarketresearch.com/request-for-customization/12540
Based on business type, the aftermarket segment would contribute the highest share in 2023, accounting for more than two-thirds of the total share, and is estimated to maintain its lead position during the forecast period. Moreover, this segment is projected to witness the highest CAGR of 23.9% from 2023 to 2032. The research also analyzes the OEM segment.
Based on end user vertical, the building and construction segment is projected to account for the largest share in 2023, holding more than two-fifths of the global autonomous crane market. In addition, this segment is expected to register the fastest CAGR of 24.2% from 2023 to 2032. The report also discusses segments including marine & offshore, mining & excavation, and others.
Interested to Procure the Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/12540
Based on region, North America is expected to contribute to the highest share in 2023, accounting for more than half of the total share, and is estimated to continue its lead in terms of revenue by 2032. However, Asia-Pacific is projected to portray the largest CAGR of 24.7% during the forecast period.
Leading players of the global autonomous crane market analyzed in the research include AIDrivers Ltd., Columbus McKinnon, Cargotec Corporation, Komatsu Ltd., INTSITE Ltd., Schneider Electric, Konecranes Plc, Syracuse, SMIE, and VOCA.
Schedule a FREE Consultation Call with Our Analysts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/12540
Similar reports We Have on Construction Related Reports:
Marine Crane Market by Type (Knuckle Boom, Telescopic Boom, Foldable Boom and Stiff Boom), Lifting Capacity (2 tons–500 tons, 501 tons–15,000 tons and 15,001 tons–30,000 tons), and Application (Oil & Gas Platforms, Workboats & Research, Fishing Vessels and Government & military): Global Opportunity Analysis and Industry Forecast, 2023–2030.
Ship-to-Shore Cranes Market by Power Supply (Diesel, Electric, and Hybrid), Outreach (<40, 40-49, 50-60, and >60), and Lifting Capacity (Panamax STS Cranes, Post Panamax STS Cranes, Super-Post Panamax and STS Cranes): Global Opportunity Analysis and Industry Forecast, 2023–2030.
Boom Truck Market by Application (Rental, Construction, Utility and Telecommunication) and Product (Boom Truck Cranes, Below 10 Metric Tons and Above 50 Metric Tons): Global Opportunity Analysis and Industry Forecast, 2023–2030.
Forklift Truck Market by Power Source (IC Engine Powered and Electric Powered), Class (Class 1, Class 2, Class 3, Class 4, Class 5, and Others) and End Use (Retail & Wholesale, Logistics, Automotive, Food Industry, and Others): Global Opportunity Analysis and Industry Forecast,2020–2030.
Construction Vehicles Market by Solution (Products and Services), Equipment (Heavy Construction Equipment and Compact Construction Equipment), Type (Loader, Cranes, Forklift, Excavator, Dozers, and Others), Application (Excavation & Mining, Lifting & Material Handling, Earthmoving, Transportation, and Others), and Industry (Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2030.
Container Handling Equipment Market by Equipment Type (Forklift Truck, Stacking Crane, Mobile Harbor Crane, and Rubber Tiered Gantry Crane), Propulsion Type (Diesel, and Electric & Hybrid), and Handling (Automatic, and Manual): Global Opportunity Analysis and Industry Forecast, 2023–2030.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn |
